Property investors have seen a -4.47% drop in GOLDEN BAY based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GOLDEN BAY, 6174 saw average growth in the long term.
the WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $352,500
Profits averaged -3.4% per annum over a 3-year period, due to an downward trend in home prices in GOLDEN BAY, 6174.
This means, real estate investors could earn a rental income of $317.5 based on current median home prices for the suburb.
The gross rental yield in GOLDEN BAY, 6174 is 4.68%.
An average of 6.5 real estate transactions take place per month in GOLDEN BAY which translates to 78 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6%||N/A|
|Median 3 years||-10.19%||N/A|
|Median 5 years||3.68%||N/A|
|10 years average annual||-1.78%||N/A|
|Weekly media advert. rent||$317.5||N/A|
|Time on Market||92.2 days||N/A|
|Gross Rental Yield Percent||4.68%||N/A|